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family issuing a statement on his condition a short time ago. and they put it off for months. law i can makers holding our future in their hands and now barely enough time to strike a deal to save us from one of the highest tax hikes in u.s. history. >> senators and staffers now behind closed doors. we are told they are trying to put together a plan to help us from all going over the fiscal cliff. we are within 72 hours of the deadline, and tonight the new developments. in the wake of the shooting at sandy hook elementary, gun sales are on the rise. what is driving the spike? and the growing number of teachers who are looking to arm themselves. also, one man's trash becomes a child's musical treasure. you'll meet the children's orchestra that plays instruments recycled from garbage. >> i'm harris falkner. they are actually negotiating on capitol hill just as economic analysts say we are about to go over the so-called fiscal cliff, the punishing combination of higher taxes on just about every worker in america and deep spending cuts particularly to our military. top lawmakers are calling
. the president signed it into law. more than ten million voted to support it but more than two thirds did not participate. critics say it passed to quickly. human rights watch said it protects some rights but undermines others. >> russia's president could soon decide if americans should be ban from adopting russian children. the government voted in favor of such a ban. russian activists say it deprives children of the chance to leave orphanages. it's a response to a united states law calling for sanctions against russia. >>> today marks the 8th anniversary of the quake and tsunami. survivors held prayer services. the un called it the worst natural disaster to hit thailand. tsunami's went through 14 countries. 200,000 people died. >> we are back on storm watch this day after christmas. mark is tracking a fast moving storm that has produced plenty of rain. >> and we check the return polesis of major stores. what you need to know before you return that unwanted gift. >> here is a look at bridge. you can see it's wet. we will let you know where we had spin outs this morning coming up next
anything that goes forward, they will want to be law. they don't want to do that. he wanted to make sure he can become law. it's unclear whether that could happen right now. where we sit today, days out, the smart money is on us and gives republicans the ability to say we never voted for a tax increase. through congress they put a bill on the floor for 250 and below to pass that to save face. what would that do to the economy? we don't know. the result from that could purr action. >> we spent a lot of time about the tax rates. we haven't talked about the payroll tax. they go up. any idea whether this temporary deal would address those matters as well or is it going to focus on the tax rates and the spending cuts? >> one thing is an extension of unemployment insurance and millions of americans collect unemployment insurance. democrats see it as dimilative for the economy. they buy groceries and gas and they are not saving it. it helps growth. democrats would like to see that in exchange. republicans would want snag is say sweeter deal than coming forward in the new year. as far as the payrol
investigated by washington, d.c. police. cops want to know if he violated d.c. gun laws. the reason is this exchange sunday between gregory and the executive vice president of the national rifle association, wayne lapierre. watch. >> here is a magazine for ammunition that carries 30 bullets. isn't it possible that if we got rid of these, if we replace them and said, you can only have a magazine that carries five bullets or ten bullets, isn't it just possible that we could reduce the carnage in a situation like newtown. >> i don't believe that's going to make one difference. >> police want to know whether the 30-round magazine gregory displayed was real or fake. because possessing a large capacity ammunition device is illegal in the district of columbia, where nbc studios are located. even if it is not attached to the weapon. now, police department spokesperson said nbc asked if it could use the high capacity magazine on air, and it was told no. the network has not responded to cnn's request for comment. >>> next, celebrities who are putting the spotlight on giving. see how actor mat
, who does that help? >> i spent the day on the phone yesterday with the law enforcement community up there. what we gather is the police chiefs don't like it. the elective sheriff, he doesn't like it p. and as we learned from the comments in the newspaper, the gun owners certainly don't like it. that leaves the remaining sector finding the article interesting. >> what do they say about it? >> police chiefs look at it and say, look 40% of these people holding the gun mer mitts are active or retired law enforcement. these are people who may have put people in prison or prison guard who inmates might be looking for their home address and now it's point and click. the other thing is that 8,000 -- i mean if you just take rockland county, 8 thousand either active or retires nypd officers live there. so within the law enforcement community, they say you're giving the people a map to our home addresses that's searchable. >> one of the criticisms here is that potential robbers are going to know who has guns and who doesn't to know which homes to target. how does this make
. ackman. >> they also hired shiller, the law firm. not clear why they would hire a law firm at this point. no reason given. they have hired them, which is another, hmm, wonder what they're up to kind of move. bob pisani is on the floor with what's moving today. >> we're up 24 points in the dow. and a lot of people think a grand bargain is impossible at this point. but president obama coming back from vacation in hawaii. that's an indication that some kind of deal -- however small -- is definitely coming. i want to point out, and i know you've been negative on this mastercard data on retail sales, and everybody thinks it's going to be a mess for the holiday season. i want to point out that the stocks are not acting that way. that this is a disaster for the season. the s&p retail index hit an historic high on december 3rd. historic high. since then, it has only been down about 3%. these stocks are not acting like there's a disaster. i can give you several reasons why they're not down so far. number one, we are going to see eps growth in the fourth quarter from some of them because of the ex
Search Results 0 to 5 of about 6